Voyager Digital suspends trading, deposits and withdrawals

Apparently FTX had to back out of backstopping Celsius? I'd have to imagine this substantially increases contagion risk in the ecosystem.

See also: https://news.ycombinator.com/item?id=31952379 (which interestingly has a lot more comments)

Bigger discussion happening here: https://news.ycombinator.com/item?id=31952379

So they loaned ~2x more than they hold?

Crypto assets held (in thousands) $685,373

Crypto assets loaned (in thousands) $1,124,825

I'm thanking my lucky stars I pulled my money out when I did (like last week)